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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%3:59 PM EST
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To: Tenpole who wrote (13438)8/13/1998 11:52:00 AM
From: Rob S.  Read Replies (2) of 164684
 
Yes. We may get another test up but the momentum is unlikely to be sustained. The longs will start to feel the pressure and whatever shorts who haven't covered should start to get their nerve back. I posted yesterday that the time was here to START selling short. I repeat that advice now, sell short on any rally at this point. Even if I miss by a day or two, the move will be down from here over the next week or two, IMO. Let me know if you see other patterns developing.
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